Model Risk Manager

• Perform model assessment, including model assumptions, limitations, inputs and outputs, methodology, implementation, monitoring and control, etc;
• Identify model risk issues, prepare documents, communicate with model stakeholders and follow up with remediation plan;
• Enhance model risk management policies, standards, procedures, controls and maintain model inventory;
• Create new tools / techniques that will enhance the group level risk monitoring and quantification capability;
• Participate in project related tasks such as new business / product approval, and risk system implementation and validation;
• Perform regular independent model validation with replicating method or building up challenge models when necessary.

Job Requirements

• University degree in Financial Engineering, Quantitative Finance, Economics, Applied Mathematics, Statistics, Risk Management or other related quantitative disciplines;
• Advanced degree or FRM / CFA qualification is an advantage;
• Solid theoretical knowledge in derivatives and structured products pricing;
• 2 - 5 years of experience in quantitative developing and structuring, pricing model validation, or market risk management in exotic equity derivatives;
• Experience in developing or validating risk models (including derivatives pricing model, SIMM, VaR, FRTB, etc.);
• Experience and knowledge with any of Acadia RAL, ICE Data Derivatives, MSCI RM, Numerix, ORE is an advantage;
• Strong programming skills (C++/VBA/Python/R/SQL);
• Experience in AI Agent deployment for data analysis / model validation is an advantage;
• Good communication and writing skills, with positive teamwork and self-driven attitude.

Benefits & Others We offer an attractive remuneration package and fringe benefits to the right candidate. Interested applicants please send detailed resume stating present and expected salaries, as well as date of availability, by clicking "Apply" or by sending it to [email protected].

(Data collected will be kept strictly confidential and used for recruitment purpose only.)